A motorcycle speeds past Foxconn’s building in Taipei, Taiwan. Photo: Reuters
Apple’s biggest contractor Foxconn pumps new investment into facilities in northern China as ‘iPhone City’ struggles
- Foxconn Technology Group said it has made 1 billion yuan (US$142 million) in new investment towards its facilities in the northern Chinese city of Taiyuan
- The company is scrambling to restore production capacity after an estimated tens of thousands of workers fled its sprawling campus in Zhengzhou
A motorcycle speeds past Foxconn’s building in Taipei, Taiwan. Photo: Reuters